Quantitative Analyst

Chevron Corporation; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Chevron Corporation seeks a Quantitative Analyst to develop, validate, and maintain quantitative models for its global commodities portfolio. You will support commercial decision-making and optimize value across energy markets, applying rigorous mathematical methods and modern programming practices.

You will collaborate with experienced analysts, traders, and risk professionals across regions, continuously improving analytics platforms and delivering well-documented code.

Qualifications

• Master's-level degree in a quantitative field with strong mathematical training.
• Strong quantitative and analytical problem-solving abilities.
• Proficiency in Python or similar languages; ability to learn new concepts quickly.

Responsibilities

• Develop, validate, and maintain quantitative models for commodity transactions.
• Support portfolio optimization and commercial decision-making.
• Apply quantitative techniques to evaluate opportunities and risks.
• Assist in analytics platform and software development for commercial teams.
• Produce well-documented, high-quality code for modelling frameworks.
• Collaborate across trading, structuring, analytics, risk, and commercial teams.
• Continuously develop expertise in quantitative methods and energy markets.

Skills

Quantitative modeling

Analytical problem-solving

Python programming

C++/Java/R/MATLAB

Communication skills

Team collaboration

Attention to detail

AI-assisted development tools

Education

Master's degree in a quantitative field

Tools

Python

C++

Java

R

MATLAB

Job description

Responsibilities for this position may include but are not limited to:

• As a Quantitative Analyst, you will work alongside experienced analysts, structurers, and commercial professionals to develop quantitative models, support commercial decision-making, and help optimize Chevron's global commodities portfolio.
• Develop, validate, maintain, and enhance quantitative models and analytical tools used to value commodity transactions and support portfolio optimization activities.
• Apply quantitative techniques to evaluate commercial opportunities, assess risk, and identify key value drivers within commodity contracts and portfolio positions.
• Support the analysis of embedded optionality, pricing structures, and risk exposures across a wide range of commodity transactions.
• Assist in the development and improvement of analytics platforms and software used by commercial teams.
• Produce high-quality, well-documented code and contribute to ongoing enhancements of existing modelling frameworks.
• Conduct quantitative and data-driven analysis to support commercial decision-making.
• Collaborate with colleagues across trading, structuring, analytics, risk management, and commercial teams located in multiple regions globally.
• Continuously develop expertise in quantitative methods, programming, optimization techniques, and energy markets.

Required Qualifications

• Master's degree (or expected completion prior to joining) in a quantitative discipline such as Mathematics, Physics, Engineering, Statistics, Computer Science, Quantitative Finance, Operations Research, or a related field.
• Strong quantitative and analytical problem-solving skills.
• Understanding of mathematical modelling, probability, statistics, optimization, or financial mathematics gained through academic coursework, research, internships, or personal projects.
• Proficiency in Python or other programming languages such as C++, Java, R, or MATLAB.
• Demonstrated ability to learn and apply technical concepts to solve complex problems.
• Strong verbal and written communication skills, with the ability to explain technical concepts to both technical and non-technical audiences.
• Ability to work effectively in collaborative, multicultural, and cross-functional teams.
• Strong attention to detail and commitment to delivering high-quality work.
• Experience using AI-assisted software development tools (e.g., GitHub Copilot, Cursor, Claude Code, or similar) to enhance productivity, code quality, and software development workflows.

Preferred Qualifications

• Previous internship, research, academic project, or extracurricular experience involving modelling, optimization, data science, machine learning, quantitative finance, or software development.
• Exposure to financial markets, commodities, energy markets, or trading concepts through coursework, internships, research projects, or personal interest.
• Familiarity with numerical methods, simulation techniques, statistical analysis, or optimization algorithms.
• Experience using version control systems such as Git.
• Interest in energy markets and the commercial drivers of the global energy industry.

Relocation Options

Relocation will not be considered.

International Considerations

Expatriate assignments will not be considered.

Chevron regrets that it is unable to sponsor employment Visas or consider individuals on time-limited Visa status for this position.

Workplace Inclusion & Diversity

Chevron seeks to attract and develop the brightest minds to support, advance and enable best practices, innovation and evolving the energy landscape.

Chevron is striving to be an employer of choice and leader for an inclusive and diverse workplace where we are actively supporting the promotion of equality for all employees at all levels.

Chevron is working to close any gender gap where it may exist; equal pay or enabling a representative and meritocratic progression to careers and reaching senior roles across the organisation Chevron is focused on growing a culture where people with disabilities can excel through support in role and long-term career opportunities including workplace adjustments.

Chevron considers itself a learning and flexible employer and wants to support everyone to bring their best self to every day.

Chevron is an Equal Opportunity employer.

Qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex, sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability, military or veteran status, political preference, marital status, citizenship, genetic information, or other status protected by law or regulation.

We are committed to providing reasonable accommodation for qualified individuals with disabilities.

If you need assistance or an accommodation, please email us at [e-mail].

Chevron participates in E-Verify in certain locations as required by law.

Chevron Corporation is one of the world's leading integrated energy companies.

Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry.

Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations.

Chevron is based in Houston, Texas.

More information about Chevron is available at www.chevron.com.